Following an international tender, INTRALOT has signed a contract with "Magnum Corporation Berhad", the leading gaming company in Malaysia. The contract has a duration of eight (8) years with an option to extend for two (2) years and the contract value is estimated at 15,5 million USD.
The project includes the procurement, installation and support of an advanced, integrated lottery system comprised of up to 2,200 CORONIS terminals, the core operating system "LOTOS", including the game software and a state-of-the-art leased line telecommunications infrastructure in order to support the operation of Magnum's popular games and attract new players. INTRALOT will also provide the company with new game variations for the enrichment of its gaming suite. The implementation of the project will be gin immediately and the full operation on INTRALOT's platform is estimated to commence in mid 2007.
INTRALOT S.A. CEO, Mr. Constantinos Antonopoulos commented: "We are very pleased to have signed this new contract with Magnum. We are proud to have been chosen over most leading companies in the industry because "Magnum Corporation Berhad" is internationally recognized as a pioneer in using new technologies in the gaming industry.
INTRALOT has again demonstrated its capacity to provide an advanced gaming solution to our clients. The award of this contract illustrates the state of the art solutions that INTRALOT is able to offer our global clients. This project comes from a country which is economically and technologically advanced within Asia and constitutes one more step in our expansion into the broad Asian market".